This is just an idea! And it's only for today. If it will work - that's great, but if not, then back to the drawing board! I really want it push back below the 7445 level. I understand that certain indicators and formations are leaning towards the upside, but in this market everything can happen. I am looking for a SHORT opportunity, so the it would get back...
Very interesting steep channel. Will it play out nicely? I hope so. Possible SHORT after every pullback. But this is just an idea. You decide =) But if it breaks out of the channel, then this is no longer valid.
Right... Interesting... Beautiful channel. Really is. Personally, I want to SHORT it, because this would be ideal for the next future move higher. By future I mean a few months ahead. This is if there won't be any shocking news. But it might change after the UK General Election. Anyway, there's a lot of "ifs". The Daily seems to indicate that it would like a push...
Will WTI hold on or will it break the lower trend and sell off? I am leaning towards the break to the downside. But for that, we still need some confirmation. This could potentially be a good trade. Also, check out my previous long-term analysis on WTI posted earlier! As always, keep an eye on the price action!
Will WTI hold on or will it break the lower trend and sell off? I am leaning towards the break to the downside. But for that, we still need some confirmation. This could potentially be a good trade. Also, check out my previous long-term analysis on WTI posted earlier! As always, keep an eye on the price action!
As the heading says, would like to see a small retracement. Or even better, a hard Selling Off!!! But today or tomorrow, I’m hoping for a small retracement to around 1246 or even better 1240. But let’s see what happens. Be careful!
This is a scenario I would like to see today and tomorrow. We broke out from the triangle to the downside. Sometimes these could be false, so that the market could stop Bulls out, get back into the triangle and move higher. But, ideally, I would like to see a bit of selling, to be honest. That's the scenario I want to see: SELL around 12775 TP around 12700 (but...
This could be an idea for a small SHORT. Potential 5-Wave count on an Hourly chart. SELL around 0.85850-0.86 TP – 0.85500 SL – 0.86200. But be careful as all this is unstable.
Eeeemmm, do we really want to break out of this beautiful channel? Hmmm... Let's find out. Personally, I would LOVE to see a continuation of this channel. Hit the upper trendline and sell-off. Because on a Monthly chart, this would flag out perfectly for some more downward pressure. But, for now, this is a tricky one to play. If it closes above that, then we're...
Could be an idea... Potential small SHORT. SELL around: 1.47200 TP – 1.46500-1.46 SL – 1.47500 Keep an eye on the price action!
Veeeeery interesting formation. I will get straight to the point. Either FTSE100 will break the previous high and head higher, or it will form a beautiful Head-And-Shoulders pattern and sell off. This will be really interesting to see. Scenario 1: If close above 7405 – BUY around that and keep it till the previous high of around 7445. If the Daily closes...
Ok, so it looks like GBPEUR is in a channel. Does it want to stay there? Let's find out. Planning to trade the breakouts. Potential SHORT: SELL at around 1.17900. TP - 1.17200 (to test the previous low) and maybe lower. Reviewed closer to that time. SL - 1.18200 Potential LONG (staying in the channel: BUY at around 1.18100 (if candle closes above that) TP -...
I admit, this is a really long shot. We are looking at the Monthly chart here. It has a pole and it's flagging out. If to follow textbooks, then, yep, SELL. But we need confirmation. If we suddenly close below the Flag formation, then I would say SHORT to about $33, which could potentially form a DOUBLE BOTTOM. Crazy? Maybe... But as crazy as this market. So...
Doesn’t look very strong. Could it continue its travel within that channel? Maybe… Maybe it will finally close the gap, which was formed after the 1st round of the French election. Personally, I would like a: SELL – around 1.08700 Take Profit – take half of the position off,if it will close the gap, say around 1.08 and leave the other running till the...
Ok, so USDJPY -0.08% is having a good run. I believe, there still could be potential for the upside. But there’s a big BUT. Because I am a Technical Analyst, I believe in re-testing key levels. This one could be risky, but worth to look at. Also, this one is depending on how the day will close. A potential SHORT on a Daily: SELL – around 114-113.9 Take...
So here we might squeeze something out of it. This could be a nice SHORT, depending on how this day will close. I am leaning towards at SELL around 1.36900-1.37000 and aiming for around 1.36200-1.36, for now. Let’s see how that works out.
Ideally, I would like to see the move back to the 200 MA, but of course, the market has a mind of its own. You could try and take a few positions within the channel, but it could prove to be tricky. Could be ideal for very short-term positions.